Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.2.0.727
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Revenue $ 3,680 $ 3,680 $ 7,361 $ 7,361
Operating expenses:        
Research and development 10,141 8,664 20,821 18,317
General and administrative 2,480 2,477 5,096 5,111
Total operating expenses 12,621 11,141 25,917 23,428
Loss from operations (8,941) (7,461) (18,556) (16,067)
Interest income (expense), net 39 30 72 70
Other income (expense), net 596 6,665 (976) 8,122
Net loss (8,306) (766) (19,460) (7,875)
Other comprehensive income (loss):        
Unrealized gain (loss) on available-for-sale securities (3) 4 (5) (11)
Comprehensive loss $ (8,309) $ (762) $ (19,465) $ (7,886)
Net loss per common share:        
Basic $ (0.12) $ (0.01) $ (0.28) $ (0.13)
Diluted $ (0.12) $ (0.12) $ (0.28) $ (0.25)
Weighted average number of shares used in per common share calculations:        
Basic 71,334 59,347 69,046 59,325
Diluted 72,815 62,998 69,046 63,433